this is where we start to see ali baba start to outperform.hey have been playing away at e-commerce as a lock down started to ease there is big data out of ali baba. now is the time. play some great names that i think will outperform like ali baba. >> yes. what you make of the chart? >> all of them have said i think you want to embrace the theme through an etf. >>> okay. some of your pressing questions. options action comes up after this. >> it's time for our lowest prices of the season on the sleep number 360 smart bed. why choose proven quality sleep from sleep number? because every green thumb, 5k, and all-day dance party starts the night before. the sleep number 360 smart bed senses your movements and automatically adjusts to help keep you both comfortable all night and to help you get almost 30 minutes more restful sleep per night. sleep number takes care of the science. all you have to do is sleep. don't miss our weekend special, the queen sleep number 360 c2 smart bed is only $899. plus, 0% interest for 36 months. ends monday. to learn

>> well, the one that most appeals to my eyes ali baba.at the charts and try to figure it out together. so we have, as referred, a stock that has launched a tremendous amount of value. $319 in october 2020, and it made a low just recently in march at 73. that is a 79% decline. the next chart, let's take away all the lines, all the arrows, and it is clearly downsized. but the current action, you can see it in a little bit of a curl up. that is what is important. so we add a tram line to that, what you will see is that you are starting to move about the trend. there that i have drawn is just exactly that. we have established that 79%, and now strength very important to most equities. relative strength and correlation. and then another chart, the exact same chart yet again, instead of the automated actual trend line, we used automated. the average is now inflicting. if you draw the line that we saw on the preceding chart, you allow the moving average to measure trend for you. it is all the hallmarks of a irish to bullish reversal. >> goodness

in april 2021 ali baba had to pay 2300000000 euros in fines after an antitrust case. at by dance, the state has bought company shares. the regime has been tightening the screws and the tech market since late 2020. and it's looking into banning certain business models. i think china looks at the u. s. in europe and says these governments didn't over run by big tact and we're not going to get to this point. and they've made some very swift or grass of actions against big taxing when big tech overruns government, as it has an u. s. in europe, leads to very bad places or meanwhile, in nevada, our company is working towards doing business completely independent of local laws . here in the desert, near reno, tech companies are hoping to found their own city. ah, the model comes courtesy of crypto currency farm block chains, l c. o chief executive jeffrey burns wants to create so called innovation zones, acting like completely independent local governments ah, burns donated money to nevada governor steve cecil act and hired influential lobbyists. ah, a few months after back

the deal was brokered in 2018 by belgium's king philip seen here with jack. bah, founder of ali baba, the closeness between state and company is typical for china, says digital expert chi front caught up with let's now the story to a numb. it's increased significantly in the last year because of the expansion of so called party cells. a tide sans and marty cells are effectively communist party representatives installed within various private sector corporations. and but especially in the tech sector, tech by party functionaries are also working within ali. baba, profit and politics combined to serve the party while only as former finance minister doesn't see any danger in the situation. generally luca, java fiddler luck. i don't want to be an advocate for authoritarian states jell, global trade is a reality. and i prefer for exchange to take place between democratic countries. but i'm not naive. i don't believe we live in a world where we're essentially good and only good could that would be wonderful. but it's not the reality the peer suitor. is it simply online trade or chinese impe

are moving higher after china's central bank approved ali baba group's --. you may recall fin tech had been under the thumb of chinese government for more than two years now as the government curbed the power of china-based internet companies. but investors hoping this latest development signals a possible ipo for the fin tech business and a softening regulatory hand. i mean, they tried to go public and then the whole thing was thrown out. you've got baba up 2%. jd.com up 5 1/3% on good news as well. according to bloomberg the company says it is exploring expansion into food delivery. such a move would put the e-commerce giant into competition with ali baba. chinese adr up draft is happening right now. a we should look at tesla right now. musk taking his critics to the chopping block reportedly firing several space x employees who had filed a letter of complaint criticizing the ceo and calling him a quote embarrassment. the open letter first reported by the verge criticized musk's twitter activity. obviously he's focused on twitter and denounced musk for rec

david: do you think that large chinese technology companies, ali baba, tencent, baidu, bytedance ando forth can have their technology become very dominant or important the united states and around the world? and are we in a world now we're competing with chinese technology companies for market share outside the united states and china? reid: so i think we are already in that world. if you look at things that alibaba is doing, in terms of spreading the ali pay and everything else into south america, into africa. you know, i think the notion of the technological platforms of the future are in deep -- like, there is a fast-moving competition between companies in silicon valley and companies in china. and i think that is part of, which systems will be the systems that the world operates in is in deep competition. that being said, i think we are already seeing chinese buy from companies beginning to make strong had roads into the u.s. tiktok is an obvious one but i think you already see it also in drone manufacturing in dgi. there are a whole bunch that are already getting massive global

morning that the beijing china government were easing the restrictions on tech companies and i saw ali babahey say we haven't considered letting and group which is an affiliate of ali baba, ipo in shanghai and hong kong, they are denying that. the market was hopeful that would happen because beijing has clamped down on its tech sector so much, they have this ipo pool last year, jack ma, ali baba's automate negative comments, couldn't find him for a while. stuart: don't make negative comments in china. roblol x. >> the engagement is worsening. they were popular when people were stuck at home and now it is hard to keep up the number of hours you spend playing. stuart: just not is engaged with the screen as we were. stuart: they didn't downgrade the stock and raised it by $6 to 38, not quite sure about the price, not down on the negativity. stuart: it is 32 now. the administration is debating whether to waive, get rid of donald trump's china tariffs, they want tes inflation. critics say the move will intod states sooner rather than later, the treasury secretary has testified that in the coming